Basic Estate Planning:Preserve & Transition Assets to Future Gene

Presented by: Elaine J. Petruzziello, Esq. Flaster/Greenberg P.C. Part of the American Dream is to accumulate assets and create an estate that can be inherited by the next generation. The best way to realize this dream is to ensure that your estate planning documents have been properly prepared to address your unique situations. This program will address what to consider in order to accomplish these goals. Retirement Planning Beneficiary Designations for IRAs, 401(k)s and Qualified Plans Income Tax Consequences Probate Assets Tenants by the Entirety Joint Tenants with Right of Survivorship Life Insurance Beneficiary Designations Gift Planning Family Limited Liability Company Annual Exclusion - $11,000 per year Charitable Gifting Estate Planning Purposes, holders and revocable nature of: Durable General Power of Attorney Medical Power of Attorney Living Will Last Will and Testament Executors, Trustees, Guardians Trusts for Spouse/Children Powers of Appointment for Spouse/Children Medicaid Planning